Wix.Com Ltd

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WIX News

WIX Events

9/24 11:00

Wix.com Shares Rise 6% to $81.26

Shares of Wix.com (WIX) are up about 6% to $81.26 after Financial Times' Oliver Barnes reported that Gen Digital (GEN) has made a takeover offer for website building peer GoDaddy (GDDY).

9/13 15:00

Lucid Short Interest Hits Record High of 49.7%

Welcome to this week's installment of "The Short Interest Report" - The Fly's weekly recap of short interest trends among some of the most widely followed high-short-float stocks. Using the data from our partner, which utilizes the latest information from stock lenders to estimate short interest changes for thousands of publicly traded companies, this report will screen for some of biggest changes in short interest as a percentage of free float and days-to-cover ratios while also considering the short interest data on some of the more volatile and heavier-traded names of the week. Based on the availability of data from Ortex, the report tracks the trading period that covers prior Friday through Thursday of this week, excluding holidays. As a basis of comparison for stocks discussed below, the S&P 500 index was down 2.0%, the Nasdaq Composite was down 1.9%, the Russell 2000 index was down 2.6%, the Russell 2000 Growth ETFwas down 3.0% and the Russell 2000 Value ETFwas down 2.1% in the four-day trading session range through September 10.SHORT INTEREST GAINERSOrtex-reported short interest in Lucidtroughed at a multi-month low of about 30% on August 23 as bears booked profits amid a multi-week slide in the stock price. Concerning news flow regarding a recall of 27,000 Air luxury sedans contributed to restoring the bearish conviction already sustained by the company's liquidity woes however, and short interest as a percentage of free float has been on the rise for the past two weeks. This week in particular, short interest saw an especially pronounced uplift, rising from 35.3% to 49.7% - a record high. Days to cover on the name rose from 3.3 to 4.9. The stock was down another 9% in the five-day period covered through Thursday, and has now fallen 60% year-to-date.Ortex-reported short interest in Wix.comtroughed around 10% of free float on September 1, coinciding with a five-month high in the stock price, but bearish positioning is being rebuilt into the downward inflection, with Wix shares having sold off over the past two weeks in conjunction with a downturn in other infrastructure software names. Short interest as a percentage of free float rose from 17.8% to 22.1% this week, reaching a one-month high. Days-to-cover also increased from 4.1 to 5.4. The stock fell 7% during the five-day period covered through Thursday and is now down 26% year-to-date.Ortex-reported short interest in Array Technologieshad tracked in a 21% to 23% range since mid-August prior to this week's breakout as short sellers bet on a continuation of downward pressure in the stock price in spite of shares seemingly finding support. Bearish positioning as a percentage of free float jumped from 20.9% to 25.6% - a one month high – while days-to-cover on the name rose from 4.5 to 5.7 amid sustained trading volume activity. The stock is flat in the 5-day period covered but has fallen about 50% year-to-date, tracking a broader downdrift in the utility-scale solar group.SHORT INTEREST DECLINERSOrtex-reported short interest in Avis Budget Grouphas continued to track the stock price lower, as it has since mid-June, with bears having positioned during the company's outsized price spike earlier this spring. This week, shorts as a percentage of free float was down from 36.8% to 31.8%, a multi-month low, and days to cover are slipping from 10.8 to 9.9. With the stock falling through its $135-$150 August range this week, shedding 8.5% in the five day period covered and another 4% on Friday, Avis Budget is now negative on the year with a 5% decline.Ortex-reported short interest in Newsmaxhad tracked in the 21% to 26% range since mid-May, though with the stock price sustaining its sharp earnings-driven mid-August gains, and briefly breaking out to 2026 highs late this week, short positioning is being squared with more capitulation in the bearish camp. Short interest as a percentage of free float fell from 22.9% to 16.7% this week, the lowest level since February. Days-to-cover on the name also slipped from 6.5 to 4.9. Shares of Newsmax were up 1% in a five-day period covered through Thursday, but inclusive of Friday's 3.7% gain, the stock is up 47% year-to-date.

8/24 09:30

Wix Partners with Google to Embed Website Creation in Gemini

Wix.com (WIX) has announced a joint effort with Google (GOOGL) to embed Wix Harmony website creation directly inside Gemini as a connected app. Users are now able to build and access Wix Harmony without ever leaving Gemini, meeting them right where they already spend their time. The Wix app is currently available to Gemini users in eligible markets.

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